penangproperty
Eco Terraces β€” subsale condominium in Paya Terubong

Paya Terubong Β· Subsale Market

Eco Terraces Subsale β€” Paya Terubong, Penang

Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.

Eco Terraces is a completed freehold condominium in Paya Terubong, Penang, completed in 2019 by Eco World Development. It has 333 units. It launched from around RM 900K in 2014 β€” that is the launch price, not a current resale figure. WhatsApp Zac for live asking prices.

Price at a glance

Prices as at September 2026 β€” Developer launch prices basis. Last checked 2026-07-20. A negotiation floor, not what it trades at today.

Unit typeSize (sqft)Price fromPSF from
All units1,095–2,008RM900,000RM850

Available Listings

No listings currently on file. Zac may have off-market units available.

Ask Zac about availability

Why buy a Eco Terraces subsale (vs a new launch elsewhere)

Immediate occupancy

Move in within 3 months of SPA. No 36-month construction wait.

Verified surroundings

Paya Terubong's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Eco Terraces.

Established maintenance

Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.

How Eco Terraces is priced within Paya Terubong

RM621 psfβ‰ˆRM850 psfRM850 psf

At roughly RM850 psf, Eco Terraces prices toward the upper end of Paya Terubong's condo band (RM621–850 psf). Expect to justify that with something concrete: sea view, low density, branded management, or a genuinely superior position within the area.

Building age

7 years

Completed 2019

PSF bands are area-level indicative ranges from our own tracking, cross-checked against NAPIC/JPPH and Brickz transaction data β€” see the Penang Price Index. Unit-level pricing varies with floor, view and renovation; ask Zac for the actual transacted comparables in this building.

The Eco Terraces pre-purchase checklist

  1. 1.Remaining lease (if leasehold) β€” Ask for the exact expiry year. Banks tighten lending as the remaining term shortens, which affects both your loan and your future buyer's.
  2. 2.Outstanding charges and caveats β€” Your lawyer should run a full land search for caveats, charges or restrictions in interest before you release any deposit.
  3. 3.Genuine transacted comparables β€” Ask for recent transacted prices in the same block, not asking prices. Asking prices tell you what sellers hope for, not what the market pays.
  4. 4.Exit tax position β€” Model your RPGT before you buy, not when you sell. Holding period changes the maths substantially, especially for foreign owners.
  5. 5.Vacant possession terms β€” Agree in writing what stays β€” air-conditioners, built-ins, curtains, lights. Fixture disputes at handover are entirely avoidable.

Eco Terraces price 2026

What Eco Terraces trades at on the sub-sale market, last checked 2026-07-20.

Asking fromRM900,000+
PSFRM850
Built-up1,095 – 2,008 sqft
Completed2019
Units333

Developer launch price. This is what the developer charged at launch, not what the building trades at today. Treat it as a floor for negotiation, not a guide to current value.

The building is 7 years old. Still young. The defects liability period has long expired, so anything outstanding is now the management corporation’s problem and, through the sinking fund, partly yours. Check what was actually rectified.

Every unit here sits below the RM1M foreign-buyer minimum, so this building is open to Malaysian and PR buyers only.

Selling rather than buying? The RPGT rates and the 21B retention decide what you keep β€” and if you are near the five-to-six-year line, the date matters more than the price.

Eco Terraces for sale & for rent

Looking to buy or rent a unit in Eco Terraces? Asking prices and rents move with the market and with the specific unit β€” floor, facing, condition β€” so rather than quote a stale number, message Zac for the current listings and a straight read on what is realistic today.

Eco Terraces key facts

Developer
Eco World Development
Area
Paya Terubong, Penang
Type
condominium
Tenure
freehold
Completed
2019
Total units
333
Asking PSF
RM850
Price from
RM 900K

Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Eco Terraces:

View full Eco Terraces profile β†’

Paya Terubong β€” area snapshot

Full area guide β†’

Price range

RM 300K – RM 1.5M

asking prices in area

Active projects

1

selling or under construction

Subsale condos

1

completed projects

Total tracked

4

properties in this area

Other projects in Paya Terubong

All 3 others we track here, cheapest first β€” 1 of them still selling.

Eco Terraces subsale β€” common questions

What is the price of Eco Terraces?

Eco Terraces runs RM900,000 and up. That is the developer launch price, not what the building trades at today. Treat it as a floor for negotiation. That works out to about RM850 per square foot. Checked 2026-07-20.

Is Eco Terraces freehold or leasehold?

Eco Terraces is freehold. We do not hold the land title class on record β€” confirm it with the developer, because a commercial title changes your utility tariffs and loan margin.

Can a foreigner buy at Eco Terraces?

Not at current prices. Penang Island sets a RM1,000,000 minimum for foreign buyers and no unit here clears it, so Eco Terraces is open to Malaysian and PR buyers only.

When was Eco Terraces completed?

Eco Terraces completed in 2019, developed by Eco World Development. Units here trade sub-sale.

How big are the units at Eco Terraces?

Built-ups run 1,095 to 2,008 sq ft. There are 333 units in total.

More on the neighbourhood:

Paya Terubong area guide β€” schools, transport, PSF, lifestyle scorecard β†’

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